Mexicanaâ€™s creditors have returned to the U.S. courts after a two-week hiatus to press their claims against the bankrupt carrier. The filings are dominated by Banco Merchantil Del Norte, which in April provided the carrier with almost Peso 1.6 billion ($124 million) in fresh credit, but also include a growing consortium of U.S. airports seeking their own court protection after Mexicana informed them it had no funds to pay debt due Sept. 15, including passenger facility charges accrued ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Creditors Concerned Mexicanaâ€™s Debt Will Go Unpaid".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.